thetaOwl

CRVS

Corvus Pharmaceuticals, Inc.Close $15.40EOD only
Max Pain
$14.00
Next expiry Aug 21, 2026
Expected Move
±$0.60
3.9% from close
Price Gap
-1.40
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.57
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects CRVS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — CRVS
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $14.00 (1.40 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$0.60
±3.9%
Days to Expiry
2
Calendar days
Total Call OI
3,133
Nearest expiry
Total Put OI
2,364
Nearest expiry
P/C OI Ratio
0.75
Put-heavy
Spot Price
$15.40
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$12.006/18/2026, 11:08:36 PM
2026-07-17$14.007/17/2026, 11:10:54 PM
2026-08-21NextUpdated$14.008/19/2026, 11:09:16 PM
2026-09-18$15.008/19/2026, 11:09:16 PM
2026-10-16$12.008/19/2026, 11:09:16 PM
2027-01-15$12.008/19/2026, 11:09:16 PM
Selected expiration: 2026-08-21 at max pain $14.00.
CRVS pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
4021046002104600
510018682001868300
620016338001634000
740014004001400800
860011671001167700
9900933800934700
101200702000703200
114500474900479400
127800291600299400
1313100160400173500
14202006060080800
1511590012800128700
16287600900288500
17536800600537400
18800200300800500
1910736001001073700
20135820001358200
21167060001670600
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.